Solana Holds $75 Support as Analysts Target $120–$150 Rally

Solana is holding a support zone around $75 that analysts view as a potential base for recovery. Analyst Michaël van de Poppe expects the structure to support a move toward $120, while analyst Shah projects a potential extension to $150 by October. The projections depend on SOL maintaining current support levels and breaking above key resistance zones. Solana continues to defend the lower boundary of its trading range after recovering from a brief breakdown, with the $75 level previously acting as range support.

Michaël van de Poppe Targets $120 on Range Support

Analyst Michaël van de Poppe expects Solana to defend the lower boundary of its trading range and support an eventual move toward $120. The main level to hold is around $75, which previously acted as range support. Staying above it could allow SOL to challenge nearby resistance before testing the range high near $98.

A confirmed breakout above $98 would strengthen the path toward the $118–$127 target zone. However, another loss of $75 could delay the rally and expose support around $68, followed by the previous deviation zone near $60–$65.

Shah Projects $150 by October

Analyst Shah projects Solana could extend its recovery toward $150 by October. The projection depends on SOL building momentum from its current support region and reversing the broader sequence of lower highs.

The first major test sits around $90–$100. Reclaiming this zone would improve the structure and open the way toward $120–$125, which could act as the final major resistance before $150. However, the chart does not yet confirm such a large rally. SOL must continue holding the $70–$75 region, while a breakdown below it could expose the recent low near $60 and invalidate the October target.

FAQ

What support level is Solana currently holding? Solana is holding a support zone around $75, which previously acted as range support. Analyst Michaël van de Poppe identifies this as the main level to hold for SOL to challenge nearby resistance.

What price targets do analysts have for Solana? Analyst Michaël van de Poppe targets $120, with a breakout above $98 strengthening the path toward $118–$127. Analyst Shah projects a potential move to $150 by October, with major resistance at $90–$100 and $120–$125 before reaching that level.

What happens if Solana loses the $75 support? Another loss of $75 could delay the rally and expose support around $68, followed by the previous deviation zone near $60–$65. A breakdown below the $70–$75 region could expose the recent low near $60 and invalidate the October $150 target.